Simmons says global oil supply has peaked

Matthew Simmons, chairman of Simmons & Co. International in Houston, talked yesterday with Bloomberg’s Rhonda Schaffler about the need to address energy use, his view that global supply has peaked and the likelihood oil prices could reach as much as $300 a barrel.

… I am firmly of the belief that over the course of the next year or two, this issue of peak oil will replace global warming as an issue that we’re all worrying, debating and talking about.
Energy Bulletin